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§ Private Profile · San Francisco, CA, USA
The future of office coffee. Keurig convenience meets cafe quality.
Pearl lets any office, hotel or restaurant serve the world's best coffees & teas at the push of a button.
Pearl's proprietary brew technology matches the speed and convenience of a Keurig without using wasteful, low-quality coffee pods.
Our fully compostable single-servings contain freshly roasted whole bean coffees & teas sourced from premier roasters and importers. We handle installation, upkeep, and automatic re-stocking of an evolving menu that's tailored to your preferences.
Say goodbye to bad office coffee and upgrade your mornings today!
Pearl has raised $124.1M across 5 funding rounds.
Key people at Pearl.
Pearl was founded in 2016 by Scott Steber (Founder/CTO) and Greg Kress (Founder/CEO).
Pearl has raised $124.1M in total across 5 funding rounds.
Pearl has raised $124.1M across 5 funding rounds. Most recently, it raised $58.0M Series B in July 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2024 | $58M Series B | Left Lane Capital | BLU Venture Investors, CoinFund, DN Capital, Shasta Ventures, Smash Capital | Announced |
| Jul 1, 2022 | $4M Seed | BLU Venture Investors | CoinFund, Left Lane Capital, Shasta Ventures, Smash Capital, FiDi Ventures | Announced |
| Jul 30, 2020 | $1.1M Seed | Jaffray Woodriff | — | Announced |
| May 8, 2019 | $11M Series A | Craft Ventures | — | Announced |
| Jun 1, 2016 | $50M Series A | — | Andreessen Horowitz, CoinFund, Kevin Ding, Felicis Ventures, First Round Capital, Founder Collective, RRE Ventures, Shasta Ventures, Union Square Ventures, Zeev Capital, Mike Abbott, Oren Dobronsky, Shri Ganeshram | Announced |
Key people at Pearl.
Pearl is a company focused on revolutionizing office coffee by combining the convenience of Keurig machines with the quality of café-grade coffee. It offers a proprietary brewing technology that delivers freshly roasted whole bean coffees and teas at the push of a button, without relying on wasteful, low-quality pods. Pearl serves offices, hotels, and restaurants by providing installation, maintenance, and automatic restocking of a customizable menu, addressing the common problem of poor-quality office coffee and enhancing the workplace beverage experience[1].
Founded in 2016 and based in San Francisco, Pearl was created by Greg Kress (Founder/CEO) and Scott Steber (Founder/CTO), both with backgrounds in hardware engineering and product design. The idea emerged from the desire to improve office coffee quality while maintaining the speed and convenience users expect from pod-based systems. Pearl participated in Y Combinator’s Winter 2017 batch, gaining early traction by developing proprietary brew technology that balances quality and convenience, although the company is currently listed as inactive[1].
Pearl rides the trend of elevating workplace experiences through technology and sustainability. As offices increasingly prioritize employee satisfaction and environmental responsibility, Pearl’s model aligns well with these market forces. The timing is favorable given growing demand for premium, convenient, and eco-friendly coffee solutions in professional settings. Pearl’s approach influences the broader ecosystem by pushing innovation in coffee brewing hardware and sustainable single-serve packaging[1].
Although currently inactive, Pearl’s concept addresses a clear market gap by merging café-quality coffee with the convenience of pod machines in offices and hospitality venues. Future success in this space will depend on scaling operations, expanding partnerships, and continuing innovation in sustainable brewing technology. Trends such as remote work hybrid models and increased environmental awareness will shape demand for high-quality, convenient office coffee solutions. Pearl’s early vision remains relevant as the market evolves toward premium, sustainable, and user-friendly coffee experiences[1].
Pearl was founded in 2016 by Scott Steber (Founder/CTO) and Greg Kress (Founder/CEO).
Pearl has raised $124.1M in total across 5 funding rounds.
Pearl's investors include Left Lane Capital, Blu Venture Investors, CoinFund, DN Capital, Shasta Ventures, Smash Capital, FiDi Ventures, Jaffray Woodriff, Craft Ventures, Andreessen Horowitz, Kevin Ding, Felicis Ventures.